UY Scuti Acquisition is a blank check company, or SPAC, incorporated in the Cayman Islands in January 2024. UY Scuti has no operations and generates no revenue. Its sole purpose is to identify and merge with a private company through an initial business combination, taking that company public via a reverse merger rather than a traditional IPO. UY Scuti completed its IPO in April 2025, raising $57.5M by selling 5.75M units at $10.00 per unit, with proceeds held in a trust invested in U.S. Treasuries or money market funds until a deal closes. UY Scuti has 12 months from the IPO close to complete a deal, extendable to 18 months. UY Scuti targets middle-market businesses with enterprise values between $200M and $400M, focusing on profitable, cash-flow-positive companies with room to grow. Although UY Scuti is not restricted by geography or industry, its management team is primarily China-based, making a China or Hong Kong-based target the most likely outcome. UY Scuti's sponsor purchased founder shares for roughly $0.02 per share, creating a strong incentive to close a deal before the trust window expires. Public shareholders have downside protection through the right to redeem shares for approximately $10.00 per share regardless of deal outcome. If no deal closes, the trust is liquidated, and the sponsor's founder shares and private placement units become worthless.